Scholarships, Grants, and Loan Trends at The University of Montana

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,388, which is 69.78 % of all undergraduate students. 4,641 students which is 48.78% of undergraduate students received federal student loans and the average loan amount is $7,381.
For full-time, first-time beginning students (freshmen), 80.44% of students received grants or scholarships and 53% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The University of Montana since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,388, which is 69.78 % of all undergraduate students. 4,641 students which is 48.78% of undergraduate students received federal student loans and the average loan amount is $7,381.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,503 (61%)$5,0364,660 (38%)$4,5566,528 (53%)$7,387
2014-157,332 (63%)$4,8934,231 (36%)$4,2726,005 (51%)$7,299
2015-166,757 (63%)$4,9563,906 (36%)$4,3695,494 (51%)$7,368
2016-175,973 (59%)$5,1063,401 (34%)$4,2624,938 (49%)$7,303
2017-185,756 (62%)$5,5973,339 (36%)$4,5394,692 (50%)$7,443
2018-195,226 (63%)$6,0302,972 (36%)$4,5494,114 (50%)$7,451
2019-205,165 (67%)$6,1202,636 (34%)$4,6783,714 (48%)$7,394
2020-216,312 (91%)$5,1652,170 (31%)$4,6863,062 (44%)$7,475
2021-227,472 (99%)$4,8412,322 (31%)$4,5513,218 (43%)$7,307
Average6,388 (69.78%)$5,3053,293 (34.67%)$4,4964,641 (48.78%)$7,381

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,211 (80.44 % of students) received grants or scholarships and its average amount is $5,704. It can cover 18.04% of tuition & fees ($31,622) based on out-of-state rate.
In addition, 801 (52.56 % of students) students get helped from the students loans (average amount : $6,170).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,520 (85%)$5,011960 (54%)$6,120
2014-151,433 (76%)$5,0401,061 (56%)$6,225
2015-161,211 (74%)$4,825883 (54%)$6,109
2016-171,046 (70%)$5,404831 (56%)$6,176
2017-181,127 (72%)$6,057890 (57%)$6,104
2018-191,021 (74%)$6,685694 (51%)$5,978
2019-201,004 (76%)$6,328704 (53%)$5,953
2020-211,063 (97%)$6,340493 (45%)$6,530
2021-221,475 (100%)$5,645689 (47%)$6,337
Average1,211 (80.44%)$5,704801 (52.56%)$6,170
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 540 (35.56 % of students) received Pell (federal) grants and its average amount is $4,673.
In addition, 119 students received State/local government grants/scholarships (8.29 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14666 (37%)$4,450103 (6%)$495159 (9%)$1,2901,186 (67%)$3,708
2014-15709 (38%)$4,527138 (7%)$860152 (8%)$1,403991 (53%)$3,713
2015-16629 (39%)$4,42193 (6%)$54477 (5%)$1,391854 (52%)$3,401
2016-17511 (34%)$4,424112 (8%)$83371 (5%)$1,049713 (48%)$4,523
2017-18586 (38%)$4,704113 (7%)$613--765 (49%)$5,229
2018-19525 (38%)$4,875135 (10%)$728--750 (55%)$5,557
2019-20429 (33%)$4,801296 (22%)$1,05236 (3%)$3,053865 (66%)$4,477
2020-21351 (32%)$4,987954 (87%)$792215 (20%)$2,799752 (69%)$4,829
2021-22452 (31%)$4,8721,466 (99%)$1,165122 (8%)$3,199759 (51%)$5,305
Average540 (35.56%)$4,673379 (28.00%)$787119 (8.29%)$2,026848 (56.67%)$4,527
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 801 (52.56 % of students) get any students loan help and its average loan amount is $801.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14960 (54%)$6,120958 (54%)$5,73337 (2%)$10,343
2014-151,061 (56%)$6,2251,051 (56%)$5,82842 (2%)$11,407
2015-16883 (54%)$6,109877 (54%)$5,67037 (2%)$11,405
2016-17831 (56%)$6,176823 (55%)$5,55243 (3%)$13,074
2017-18890 (57%)$6,104885 (57%)$5,55639 (3%)$13,218
2018-19694 (51%)$5,978685 (50%)$5,38342 (3%)$10,985
2019-20704 (53%)$5,953693 (53%)$5,27142 (3%)$12,817
2020-21493 (45%)$6,530482 (44%)$5,40147 (4%)$13,104
2021-22689 (47%)$6,337682 (46%)$5,29048 (3%)$15,811
Average801 (52.56%)$6,170793 (52.11%)$5,52042 (2.78%)$12,463
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